3117 – 3177 S. Sammy Davis Jr. Dr.Las Vegas, NV 89109

Offering Memorandum

SUBJECT

Offered by: Patrick SauterEric Larkin,MBA,CCIMArt Tangora

EXCLUSIVE CONTACTS

8945 W Russell RoadLas Vegas, NV 89148T +1 702 383 3383www.naivegas.com

Patrick SauterT +1 702 534 1700psauter@naivegas.com

Art TangoraT +1 702 534 1701acarll@naivegas.com

Eric Larkin,MBA,CCIMT +1 702 534 1713elarkin@naivegas.com

Table Of Contents

OFFERING MEMORANDUM

Section 1Executive Summary

Executive SummaryProperty InformationSite Plan

Section 2 Property Description

Property DescriptionAerial PhotographyLas Vegas Strip Map

Section 3Las Vegas Overview

LocationHighlightsDevelopment ProjectsLifestyleEconomyEntertainmentGaming & Resorts

EXECUTIVE SUMMARYSection 1

3135 S. Industrial Rd. (Also known as 3117- 3177 Sammy Davis Jr. Drive) is an extremely unique opportunity to own a mixed-use development within the Las Vegas Strip Resort Corridor. The highly visible project sits on the northwest corner of Industrial Rd. and the Desert Inn Rd. I-15 flyover. Immediately adjacent to the project is the under construction Genting Group’s 88 acre Resorts World Las Vegas, with opening plans in 2019. The property's unique Las Vegas Strip location makes the project highly sought after from gaming and tourism related retail and office tenants. Las Vegas visitor spending was at an all-time high of 22.04 Billion Dollars in 2015. Also in 2015, Las Vegas was the top trade show destination in the country. Construction of Resorts World, recent completion of the Linq, Cromwell, T-Mobile Arena, Top Golf and Raiders stadium being constructed in Las Vegas make timing opportune for this project. The project boasts high occupancy, no competitive set, high traffic counts, easy access to the world famous Las Vegas Strip, and excellent street frontage, signage, and overall visibility.

EXECUTIVE SUMMARY

Address 3117 – 3177 Sammy Davis Jr. Dr.

Traffic Counts

(AADT 2015)35,500

Total SF 70,019

Rentable SF 63,586

Number of Buildings 2

Number of Suites 39

Acerage 3.15

Zoning M-1 Clark County

Parcel Numbers 162-08-806-007162-09-401-001

PROPERTY INFO

SITE PLAN

OVERALL FLOOR PLAN - LEVEL TWO

OVERALL FLOOR PLAN - LEVEL ONE

SITE PLAN

INDUSTRIAL PLAZA - RETAIL BUILDING

PROPERTY DESCRIPTIONSection 2

Address: 3117 – 3177 Sammy Davis Jr. Dr, Las Vegas, NV 89109

Building Size: 70,019 SF

Land Area: 3.15

Number of Buildings: 2

Primary Frontage: 677'

Ingress / Egress: 3 on Industrial Rd.

Parking: 144 Free - 1.36 / 1,000 SF

Traffic Counts

(AADT 2015):35,500

Real Estate Taxes: 0.20 / SF (2016)

Zoning: M-1, County

Billboards: Yes (1)

Cell Towers: Yes (1)

Building Sinage: Yes

Street Signages: Yes (1)

PROPERTY DESCRIPTION

PHOTOS

PHOTOS

AERIAL MAP

INDU

STRI

AL R

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W SAHARA AVE

LAS V

EGAS

BLVD

SUBJECT

LAS VEGAS OVERVIEWSection 3

Located in Clark County in Southern Nevada, Metropolitan Las Vegas is the 31st largest MSA in the United States, with over two million residents. With 320 days of sunshine and an average year round temperature of 80 degrees, Las Vegas is an internationally renowned tourism and convention destination. After lagging for most of the economic recovery, Las Vegas has begun to see increases in job growth, home prices, construction, tourism, and population. As the national recovery progresses, people will continue to be drawn to Las Vegas for its employment opportunities, warm weather, quality of life, and affordable cost of living.

LOCATION

HIGHLIGHTS• Fast growing population• 3rd leading convention destination• International tourism hub• Favorable business tax structure• No state income tax• 24-hour economy• Growing tech-industry environment• A young and highly productive work force• Modern transportation infastructure• Attractive quality of life and moderate climate• Affordable cost of living• Favorable shopping, dining, & entertainment

Signs of an improving economy and future job growth in Las Vegas are also evident in the return of construction projects and development in the area. Last year construction resumed on the SLS Las Vegas, a resort–casino with 1,600 rooms and a 60,000 square foot casino located on the former Sahara hotel site on the Las Vegas Strip. The $415 million rebuilt project opened in August 2014 and is expected to employ 2,500 people. Additionally, Malaysia based Genting Group is in the planning and permitting phases on the nearby Resorts World. The $4 billion, 3,500-room, Asian-themed Resorts World is located on 87 acres on the Las Vegas Strip that the Genting Group purchased from Boyd Gaming. Resorts World is estimated to be complete by the end of 2016 and employ several thousand people. More planned developments such as, Tesla’s $5 billion giga-factory, MGM-AEG arena, and the Las Vegas Convention and Vistors Authority are all adding to the economic growth.

DEVELOPMENT & CONSTRUCTION

MAJOR NEW DEVELOPMENTS• Las Vegas Raiders Stadium• Tesla Motors: $5 Billion Giga-Factory outside of

Reno, 2017• Faraday Future• Hyperloop• Resorts World Las Vegas: $4 Billion• T-Mobile - AEG Arena: $350 Million• Las Vegas Global Business District: $2.3 Billion• Alon Resorts Las Vegas

LIFESTYLE OVERVIEWSome of the restaurants rank among the finest in the world. There are bars and nightclubs, and in many casinos, showrooms that feature nightly shows by some of the biggest names in entertainment today.

The shopping is outstanding. From high end designers to casual, Vegas has every kind of shopping imaginable.

A large part of the Las Vegas lifestyle is provided by the convention business. 22,000 conferences, more than 400 a week, attract 6 million visitors a year.

The Las Vegas Strip is home to many, but a travel destination to even more. 42 million people visit Las Vegas each year and they invest $9.4 billion in the gaming industry, two-thirds of it in the casino resorts on the Las Vegas Strip.

The Las Vegas Strip contains 17 of the 20 biggest hotels in the United States. Many of them are well known for their architecture — the Paris has its own Eiffel Tower, the Luxor is designed like an Egyptian pyramid, the Venetian has gondoliers on its Grand Canal. The Bellagio has choreographed fountains, Chihuly glass sculptures and original Picassos. Caesars Palace re-creates a Roman forum.

ECONOMY

The primary drivers of the Las Vegas economy are tourism, gaming, and conventions, which in turn, feed the retail and restaurant industries. The overall economic impact of the tourism industry in Southern Nevada in 2013 was more than $45 billion. With nearly one in three jobs based in the leisure and hospitality sector, Metro Las Vegas’ economic success is fundamentally tied to tourism.

Based on statistics from the Las Vegas Convention and Visitors Authority, the Las Vegas economy is moving in the right direction. Metro Las Vegas attracted 39.7 million visitors in 2013, the second highest total visitation ever. Employment gains are still slow to benefit from this boost as the leisure and hospitality sector remains approximately 10,000 jobs short of pre-recession levels. However, as the national recovery progresses, people are gaining discretionary income and are beginning to travel and take vacations as they did before, sending the Las Vegas economy in a positive direction.

Whether you’re looking for a casual eat or a fine dining experience, Las Vegas offers some of the best restaurants that rank among the finest in the world with celebrity chefs. There are endless options in every casino on The Las Vegas Strip, or Downtown Las Vegas.

New York. London. Paris. They’ve got nothing on Las Vegas. Las Vegas is home to some of the most spectacular shopping in the world. Nearly every where you go on the strip, there are options to shop. There are the Crystals at CityCenter, The Forum Shops at Caesars, The Grand Canal Shoppes at The Venetian, The Palazzo, and The Miracle Mile Shops at Planet Hollywood. All ranging from budget friendly shopping to high end designers.

Downtown Las Vegas offers many more options to shop and dine. The newly revitalization of the area offers The Container Park, a family-friendly outdoor shopping, dining, and entertainment attraction.

The nightclub scene is huge. There are bars and nightclubs, with famous DJ’s. There are many casinos with showrooms that feature nightly shows by some of the biggest names in entertainment today: Celine Dion, Brittney Spears and Elton John among them.

ENTERTAINMENT

GAMING & RESORTS

The major attractions in Las Vegas remain the casinos and resorts with almost 40 million people visiting the city each year.

There may be casinos elsewhere, but it’s Las Vegas resorts that set the bar. Spin the wheel, roll the dice and take your pick. There is no going wrong with the resort options up and down the Strip. From the towering Stratosphere at 112 stories high to the opulent Wynn, there’s a casino or a casino game for everyone. The resorts of the Las Vegas Strip offer expansive casinos right on property, so it’s just a few steps away. Or zero steps away. At certain resorts in Las Vegas, such as The Palazzo, mobile gaming devices let you play your favorite games in the palm of your hand.

Each resort offers a different theme and decor. From the fountains at Bellagio, Gondoliers at the Venetian, or a bedazzled, multi-decked Chandelier bar at The Cosmopolitan, there is something to see at each resort.

NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE ACCURACY OF THE INFORMATION CONTAINED HEREIN, AND THE SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, PRIOR SALE, LEASE OR FINANCING, OR WITHDRAWAL WITHOUT NOTICE, AND OF ANY SPECIAL LISTING CONDITIONS IMPOSED BY OUR PRINCIPAL. NO WARRANTIES OR REPRESENTATIONS ARE MADE AS TO THE CONDITION OF THE PROPERTY OR ANY HAZARDS CONTAINED THEREIN ARE TO BE IMPLIED. THE INFORMATION PORTRAYED ON THE MAP, WHILE NOT GUARANTEED, HAS BEEN SECURED FROM SOURCES DEEMED RELIABLE. CONSULT A SURVEYOR FOR PRECISE BOUNDARIES.

8945 W. Russel Road Suite 110 Las Vegas, NV 89148(702) 383.3383 | naivegas.com

©2016 NAI VEGASTHE CONTENTS OF THIS PROPOSAL ARE INTENDED FOR THE INDIVIDUALS TO WHOM IT IS PRESENTED OR DELIVERED AND THEIR COMPANY ASSOCIATES. ANY DISSEMINATION OR REPLICATION, WITHOUT THE EXPRESS AUTHORIZATION OF NAI VEGAS, IS STRICTLY PROHIBITED.*NOT WITHSTANDING ANY PREPRINTED LANGUAGE TO THE CONTRARY, THIS OPINION IS NOT AN APPRAISAL OF THE MARKET VALUE OF THE PROPERTY. IF AN APPRAISAL IS DESIRED, THE SERVICES OF A LICENSED OR CERTIFIED APPRAISER MUST BE OBTAINED.THE INFORMATION FURNISHED HAS BEEN OBTAINED FROM SOURCES WE DEEM RELIABLE AND IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS AND CHANGES. ALTHOUGH NAI VEGAS HAS NO REASON TO DOUBT ITS ACCURACY, WE DO NOT GUARANTEE IT.THE INFORMATION CONTAINED HEREIN WAS OBTAINED FROM SOURCES WE DEEM RELIABLE, HOWEVER, NAI VEGAS MAKES NO GUARANTEES, WARRANTIES,OR REPRESENTATIONS AS TO THE ACCURACY THEREOF. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO CONTRACT.

EXCLUSIVE CONTACTS

Patrick SauterT +1 702 534 1700psauter@naivegas.com

Art TangoraT +1 702 534 1701acarll@naivegas.com

Eric Larkin,MBA,CCIMT +1 702 534 1713elarkin@naivegas.com